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bigbigjohnson t1_iqufxtr wrote

Reply to comment by BigDKane in TIL that in 1996, Dallas business man John Spano bought controlling ownership of the NHLs New York Islanders for $165 million dollars. After nearly a year it came to light he didn’t have nearly enough funds to complete his purchase of his team. by Mrpink415

Came here to say this, great episode and a fantastic story! Like how many times did he use the “ohh they forgot a zero on that cheque” excuse and kept the NHL strung along..

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Unlucky-Cake-6773 t1_iqwu501 wrote

It blows my mind that he showed up to the original deal without enough money and the previous owner sold anyway.

He was supposed to bring a certain amount and showed up with less than half and the original owner went through with the sale anyway.

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bigbigjohnson t1_iqxhypv wrote

So many red flags! And wasn’t it the Dallas Stars he tried to purchase first and they were like uhhh hell naw this guy ain’t legit?

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